Maharashtra Approves Progressive EV Policy, Bigger Subsidies & Toll Waivers Announced

Maharashtra Approves Progressive EV Policy, Bigger Subsidies & Toll Waivers Announced

Maharashtra’s updated EV policy offers enhanced subsidies for passenger EVs and toll waivers for certain categories, aiming to promote electric mobility, cut emissions, and support EV infrastructure. The state targets greater accessibility and investment in green transportation.

FPJ Web DeskUpdated: Tuesday, April 29, 2025, 04:10 PM IST
article-image
Maharashtra CM Devendra Fadanavis |File Image |

Mumbai: The Maharashtra cabinet has approved a new electric vehicle policy, Chief Minister Devendra Fadnavis said on Tuesday. The new Maharashtra EV policy aims to boost manufacturing and consumption of electric vehicles with an emphasis on growing the charging infrastructure, Fadnavis said.

The Maharashtra government has approved a revised Electric Vehicle (EV) Policy aimed at accelerating the state's transition to cleaner transportation. Under the new policy, passenger EVs will receive increased subsidies, making them more affordable for individual buyers and promoting widespread adoption. In a move to further incentivize electric mobility, the government has also announced toll fee exemptions for select EV categories across the state.

These steps are part of a broader effort to cut down vehicular emissions, boost green mobility infrastructure, and position Maharashtra as a leading state in sustainable transport.

This move is part of Maharashtra’s broader efforts to become a leading EV hub in India, with the state targeting substantial reductions in vehicular emissions and fossil fuel dependency. The cabinet’s decision, as reported by CNBC-TV18, comes at a time when global EV interest in India is gaining momentum.

RECENT STORIES

IndiQube Spaces IPO To Open On July 23, Price Band Set At ₹225-237 With ₹700 Cr Target

IndiQube Spaces IPO To Open On July 23, Price Band Set At ₹225-237 With ₹700 Cr Target

OpenAI Launches ChatGPT Agent: Now Book Tickets, Order Food & Get Tasks Done — Here’s How to Use...

OpenAI Launches ChatGPT Agent: Now Book Tickets, Order Food & Get Tasks Done — Here’s How to Use...

Sensex - Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support

Sensex - Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support

Tata Group-Owned Indian Hotels Net Profit Jumps 26.56% To ₹329 Crore In Q1 FY26, Revenue Rises To...

Tata Group-Owned Indian Hotels Net Profit Jumps 26.56% To ₹329 Crore In Q1 FY26, Revenue Rises To...

Hexaware Acquires 100% Stake In SMC Squared For ₹1,029 Crore To Boost Global Capability Centre...

Hexaware Acquires 100% Stake In SMC Squared For ₹1,029 Crore To Boost Global Capability Centre...